-Hindustan Times The CSE report shows that insurance companies had only settled 32.45% of the claims made till April 2017. New Delhi: An independent evaluation of the Modi government’s much-touted crop insurance scheme has showed that insurers gained nearly Rs 10,000 crore in gross profit during the last kharif season, from June to November 2016. However, it settled less than a third of the crop-loss claims filed till early this year. The report released...
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Are crop insurance schemes working? CAG report reveals Ishan Kukreti
-Down to Earth Multiple gaps in implementation of crop insurance schemes may have compromised their purpose of benefitting farmers The CAG audit report of the Centre’s crop insurance schemes has highlighted gaps in their implementation that compromise its purpose of providing financial assistance to farmers. The Comptroller and Auditor General of India (CAG) looked into the performance of two schemes—Modified National Agricultural Insurance Scheme (MNAIS) and the National Crop Insurance Programme (NCIP)...
More »On Government's Claims Of Creating 7 Crore Jobs, A Fact Check -Sreenivasan Jain and Manas Pratap Singh
-NDTV The government's reliance on the MUDRA scheme of lending to small businesses to create jobs has not had the kind of result being advertised. New Delhi: Facing heat for not being able to back its promises of job creation, the Centre and the BJP have repeatedly cited the success of its MUDRA scheme, an acronym for Micro Units Refinance and Development Agency, meant to promote lending to small businesses. Speaking earlier this...
More »India performs miserably in war on inequality
-The Times of India NEW DELHI: India has been ranked 132 out of 152 countries in an index that rates countries by their commitment to reducing inequality. The first report edition of the index, released recently, showed that OECD countries headed by Sweden ranked the highest while Nigeria was at the bottom. The US had the highest level of inequality among developed countries, though it is the wealthiest country in history. Ironically,...
More »Audit slams Railways on food quality
-The Hindu CAG finds many hazards in catering system; Army’s high-calibre munitions level critical A Comptroller and Auditor General report tabled in Parliament on Friday has found severe deficiencies in the catering services of the Indian Railways, with several stations and trains serving food items “unfit for human consumption”, unpurified tap water being used for food preparation, and food being left unprotected from insects and rats. “Deficiencies in respect of quality of food...
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